Posted on 12/07/2015 12:21:52 PM PST by sparklite2
Germany's JAB Holding Co is leading a $13.9 billion buyout of Keurig Green Mountain Inc, known for its K-Cup single-serve coffee pods, in a deal that would strengthen its position in North America.
The deal, pitched at a rich 78 percent premium to Keurig's Friday closing price, is the latest by JAB, the investment vehicle of the billionaire Reimann family, as it tries to become a formidable competitor to world coffee market leader Nestle SA.
Here's what caught my eye ...The stock, which last traded at $92 in May, is heavily shorted, with nearly 13 percent of the total float held by investors who had bet that the shares would fall.
Short traders, often hedge funds, are going to take a blood bath replacing a stock they paid a whole lot less for.
(Excerpt) Read more at reuters.com ...
Short traders, often hedge funds, are going to take a blood bath replacing a stock they paid a whole lot less for.
I like the Nespresso machines better.
Is that what they call the short shrift?
Also known as taking it in the shorts.
“K” shot themselves in the foot with their version 2.0 that required their brand of capsules instead of allowing generics... last year they were one of the most returned/exchanged items at US retailers. Needless to say many companies came out with workarounds to fool their system.. I don’t think anybody wants to pay their price for a cup of coffee.
I bought my son and his family a K-Cup thing on his birthday.
Then found out they were still using the one I bought them on Christmas. It’s not only hell getting old, it’s embarrassing.
No, thanks. I’ll keep my $10 12 cup Walmart special coffee maker.
Liberal enviro nuts buys those silly things because it only makes one cup. They ignore the fact each container makes more waste.
I sort of miss coffee, but I get my
caffeine now in the form of diet green tea.
Well, they can wait a few months and then regift it to you. By then, you’ll have forgotten you gave it to them!
I had a Keurig. Think my daughter bought it for me. I gave it away. I can make 1 cup at a time that tastes better in my $12 Walmart coffee maker. Lol
Single worst-performing holding of one of my Fidelity stock funds a few months back - this should help bring it back some......
“No, thanks. I’ll keep my $10 12 cup Walmart special coffee maker.”
I’m still using an ancient Proctor-Silex I bought 15 years ago for about that price, and it makes damn fine coffee because I use damn fine coffee beans and lots of ‘em per cup.
That pod stuff tastes like colored water to me.
“diet green tea”?
Is there a fattening kind I’ve missed?
That would be regular green tea.
Likewise. The Nespresso pods are stupid expensive, though. I’ll stick with my Silvia.
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